Accounts filed on 30-09-2015

Accounts filed on 30-09-2015

TechniforceSoftware11 October 201410000029452642015-09-30029452642014-10-012015-09-3002945264ns1:Director12014-10-012015-09-3002945264ns1:EntityAccountantsOrAuditors2014-10-012015-09-3002945264ns1:EntityAccountantsOrAuditors2015-09-3002945264ns1:EntityAccountantsOrAuditors2013-10-012014-09-3002945264ns1:EntityBankers2014-10-012015-09-3002945264ns1:EntityLawyersOrLegalAdvisers2014-10-012015-09-3002945264ns1:Director22014-10-012015-09-3002945264ns1:Director32014-10-012015-09-3002945264ns1:Director42014-10-012015-09-3002945264ns1:Director52014-10-012015-09-3002945264ns1:Director62014-10-012015-09-3002945264ns1:Director72014-10-012015-09-3002945264ns1:Director82014-10-012015-09-3002945264ns1:Director92014-10-012015-09-3002945264ns1:RegisteredOffice2014-10-012015-09-3002945264ns1:CompanySecretary2014-10-012015-09-3002945264ns3:FixturesFittingsToolsEquipment2015-09-3002945264ns3:LandBuildingsns3:OwnedOrFreeholdTangibleFixedAssets2015-09-3002945264ns3:LandBuildingsns3:OwnedOrFreeholdTangibleFixedAssets2014-10-012015-09-3002945264ns3:LandBuildingsns3:LongLeaseholdProperties2015-09-3002945264ns3:LandBuildingsns3:LongLeaseholdProperties2014-10-012015-09-3002945264ns3:NetGoodwill2015-09-3002945264ns3:NetGoodwill2014-10-012015-09-3002945264ns1:OrdinaryShareClass12015-09-3002945264ns1:OrdinaryShareClass22015-09-3002945264ns1:OrdinaryShareClass32015-09-3002945264ns3:IntangibleAssetsOtherThanGoodwill2015-09-3002945264ns3:IntangibleAssetsOtherThanGoodwill2014-10-012015-09-3002945264ns3:PlantMachinery2014-10-012015-09-3002945264ns3:PlantMachinery2015-09-3002945264ns1:PreferenceShareClass12015-09-3002945264ns1:PreferenceShareClass22015-09-3002945264ns3:LandBuildingsns3:ShortLeaseholdProperties2015-09-3002945264ns3:LandBuildingsns3:ShortLeaseholdProperties2014-10-012015-09-3002945264ns3:Vehicles2015-09-3002945264ns3:Vehicles2014-10-012015-09-3002945264ns3:FixturesFittingsToolsEquipment2014-10-012015-09-3002945264ns1:AllEntityOfficers2014-10-012015-09-30029452642014-09-30029452642015-09-30029452642015-09-3002945264ns3:FixturesFittingsToolsEquipment2014-09-3002945264ns3:LandBuildingsns3:OwnedOrFreeholdTangibleFixedAssets2014-09-3002945264ns3:LandBuildingsns3:LongLeaseholdProperties2014-09-3002945264ns3:NetGoodwill2014-09-3002945264ns3:IntangibleAssetsOtherThanGoodwill2014-09-3002945264ns3:PlantMachinery2014-09-30029452642013-10-0102945264ns3:LandBuildingsns3:ShortLeaseholdProperties2014-09-3002945264ns3:Vehicles2014-09-30029452642013-10-012014-09-3002945264ns1:AllEntityOfficers2013-10-012014-09-30029452642014-09-3002945264ns1:OrdinaryShareClass22014-09-3002945264ns1:OrdinaryShareClass12014-09-3002945264ns1:OrdinaryShareClass32013-10-0102945264ns1:PreferenceShareClass12014-09-3002945264ns1:PreferenceShareClass22014-09-3002945264ns3:BeforeAnyAdjustmentsForAmortisationImpairmentns3:BeforeAnyAdjustmentsForExceptionalItems2013-10-012014-09-3002945264ns3:BeforeAnyAdjustmentsForAmortisationImpairmentns3:BeforeAnyAdjustmentsForExceptionalItems2014-10-012014-09-3002945264ns3:AfterAnyAdjustmentsForAmortisationImpairmentns3:AfterAnyAdjustmentsForExceptionalItems2014-10-012015-09-3002945264ns3:AfterAnyAdjustmentsForAmortisationImpairmentns3:AfterAnyAdjustmentsForExceptionalItems2013-10-012014-09-3002945264ns3:NetGoodwill2014-10-012015-09-3002945264ns3:NetGoodwill2013-10-012014-09-3002945264ns3:NetGoodwill2015-09-3002945264ns3:NetGoodwill2014-09-3002945264ns3:LeasedTangibleFixedAssets2014-10-012015-09-3002945264ns1:HighestPaidDirector2014-10-012015-09-3002945264ns1:HighestPaidDirector2013-10-012014-09-3002945264ns3:Buildings2014-10-012015-09-3002945264ns3:LeasedTangibleFixedAssetsns3:Buildings2014-10-012015-09-3002945264ns3:OwnedOrFreeholdTangibleFixedAssets2014-10-012015-09-3002945264ns3:OwnedOrFreeholdTangibleFixedAssets2013-10-012014-09-3002945264ns3:LeasedTangibleFixedAssets2014-10-012015-09-3002945264ns3:LeasedTangibleFixedAssets2013-10-012014-09-3002945264ns1:AllOrdinaryShares2015-09-3002945264ns1:AllPreferenceShares2015-09-3002945264ns1:AllOrdinaryShares2014-09-3002945264ns1:AllPreferenceShares2014-09-3002945264ns1:AllOrdinarySharesns3:DividendsPaid2013-10-012014-09-3002945264ns1:AllOrdinarySharesns3:DividendsProposed2014-10-012015-09-3002945264ns1:AllOrdinarySharesns3:DividendsProposed2013-10-012014-09-3002945264ns1:AllOrdinarySharesns3:DividendsPaid2014-10-012015-09-3002945264ns1:AllOrdinaryShares2014-10-012015-09-3002945264ns1:AllPreferenceShares2014-10-012015-09-3002945264ns3:DevelopmentCostsPatentsSimilar2014-10-0102945264ns3:DevelopmentCostsPatentsSimilar2014-10-012015-09-3002945264ns3:DevelopmentCostsPatentsSimilar2015-09-3002945264ns3:OtherIntangibleFixedAssets2014-10-0102945264ns3:OtherIntangibleFixedAssets2014-10-012015-09-3002945264ns3:OtherIntangibleFixedAssets2015-09-3002945264ns1:OrdinaryShareClass12014-10-012015-09-3002945264ns1:OrdinaryShareClass22014-10-012015-09-3002945264ns1:OrdinaryShareClass32014-10-012015-09-3002945264ns1:OrdinaryShareClass42014-10-012015-09-3002945264ns1:OrdinaryShareClass52014-10-012015-09-3002945264ns1:PreferenceShareClass12014-10-012015-09-3002945264ns1:PreferenceShareClass22014-10-012015-09-3002945264ns1:OrdinaryShareClass32015-09-3002945264ns1:OrdinaryShareClass42015-09-3002945264ns1:OrdinaryShareClass52015-09-3002945264ns1:OrdinaryShareClass32014-09-3002945264ns1:OrdinaryShareClass42014-09-3002945264ns1:OrdinaryShareClass52014-09-30xbrli:purexbrli:sharesiso4217:GBPiso4217:USD

Company registration number:02945264

VALUE CREATION COMPANY LIMITED

ABBREVIATED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 September 2015

VALUE CREATION COMPANY LIMITED

BALANCE SHEET

AS AT 30 September 2015

2015

2014

Notes

£

£

£

£

FIXED ASSETS

Tangible assets

2

827,658

826,840

827,658

826,840

CURRENT ASSETS

Debtors

3,313

455

Cash at bank and in hand

337,106

251,918

340,419

252,373

CREDITORS

Amounts falling due within one year

(24,274)

(23,354)

NET CURRENT ASSETS

316,145

229,019

TOTAL ASSETS LESS

CURRENT LIABILITIES

1,143,803

1,055,859

NET ASSETS

1,143,803

1,055,859

CAPITAL AND RESERVES

Called-up equity share capital

4

200

200

Profit and loss account

1,143,603

1,055,659

SHAREHOLDERS FUNDS

1,143,803

1,055,859

For the year ending 30 September 2015 the company was entitled to exemptio under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of the accounts.

These financial statements have been prepared in accordance with the special provisions relating to the small companies regime within Part 15 of the Companies Act 2006 and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015). Approved by the board of directors on 17 February 2016 and signed on its behalf.

The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (Effective January 2015).

Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Fixed assets

In accordance with FRSSE, no depreciation is charged on land and buildings held as fixed asset investments by the company, a departure from the Companies Act 2006, but are shown at valuation. The director considers that this policy gives a true and fair view. Other tangible fixed assets are stated at cost less depreciation Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Office equipment 25% reducing balance basis

2.

Tangible fixed assets

Total

Cost

At start of period

868,629

Additions

1,969

At end of period

870,598

Depreciation

At start of period

41,789

Provided during the period

1,151

At end of period

42,940

Net Book Value

At start of period

826,840

At end of period

827,658

3.

Debtors

Included within other debtors is a loan of £3,187 (2014 - £Nil) to RG Heath, the director. The maximum amount outstanding during the year was £3,187.

4.

Share capital

Allotted, issued and fully paid

2015

2014

£

£

'A' Ordinary shares of £1 each

100

100

'B' Ordinary shares of £1 each

100

100

Total issued share capital

200

200

5.

Ultimate controlling party

In the opinion of the Director Mr RG Heath who together with his wife holds 100% of the 'A' Ordinary shares is the company's ultimate controller.

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